WILLGRO
ActiveSummary
The computed 12-month bankruptcy probability of WILLGRO is 1.8% (moderate). The 2025 annual accounts show equity of €66k and a net result of €2k. Equity is growing by ~11.4% per year across the filed fiscal years. Its solvency ranks better than 16% of 27786 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
46
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability47▼-4
Solvency38=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity short (current ratio 0.9 against 3.16 in 2024; short-term debt: 28.8% and cash: 9.1% of total assets), and 87.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
12.5%
Return on assets
0.3%
Age of the figures
12 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 27786 sector peers (2025).
NBB · sector comparisonPosition among 27786 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 27-04-2026, 3 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
3 d early
2024
16 d early
2023
1 d early
2022
13 d early
2021
33 d early
2020
1 d early
2019
3 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€66k▲ 2.5%
2024 · €64k
2019: €34k
2020: €35k
2021: €43k
2022: €55k
2023: €72k
2024: €64k
2019 → 2025
Total assets
€525k▲ 7.2%
2024 · €490k
2019: €216k
2020: €213k
2021: €260k
2022: €200k
2023: €216k
2024: €490k
2019 → 2025
Net result
€2k
2024 · €-7k
2019: €15k
2020: €498
2021: €8k
2022: €12k
2023: €17k
2024: €-7k
2019 → 2025
Working capital
€-15k
2024 · €255k
2019: €-23k
2020: €8k
2021: €43k
2022: €32k
2023: €22k
2024: €255k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€43k-€55k▲ 29.3%€72k▲ 30.4%€64k▼ 10.4%€66k▲ 2.5%
Operating result€16k-€22k▲ 33.5%€24k▲ 10.0%€8k▼ 67.0%€22k▲ 177%
Net result€8k-€12k▲ 55.6%€17k▲ 33.9%€-7k€2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 177% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €525k
Fixed assets
€389k ▲ 233%
Current assets
€136k ▼ 63.5%
Equity and liabilities €525k
Equity
€66k ▲ 2.5%
Debt
€459k ▲ 7.9%
Debt's share of the balance-sheet total rises from 86.9% to 87.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€68k▲
2024 · €34k
Cash flow
€48k▲
2024 · €19k
Current ratio
0.90▼
2024 · 3.16
Debt to equity
6.97▲
2024 · 6.63
ROE
2.5%▲
2024 · -11.6%
ROA
0.3%▲
2024 · -1.5%
Interest coverage
3.33▼
2024 · 4.07
Debt ≤ 1 year
€151k▲
2024 · €118k
Debt > 1 year
€288k▼
2024 · €290k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€490k€525k▲
Fixed assets21/28€117k€389k▲
Tangible fixed assets22/27€117k€389k▲
Land and buildings22-€252k
Plant, machinery and equipment23€94k€81k▼
Furniture and vehicles24€11k€46k▲
Other tangible fixed assets26€11k€10k▼
Current assets29/58€373k€136k▼
Stocks and contracts in progress3€31k-
Contracts in progress37€31k-
Amounts receivable within one year40/41€273k€86k▼
Trade receivables40€267k€70k▼
Other amounts receivable41€6k€17k▲
Cash at bank and in hand54/58€67k€48k▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€490k€525k▲
Equity10/15€64k€66k▲
Contributions10/11€19k€19k=
Reserves13€770€770=
Non-distributable reserves130/1€770€770=
Reserves not available under the articles1311€770€770=
Profit (loss) carried forward14€45k€47k▲
Amounts payable17/49€426k€459k▲
Amounts payable after more than one year17€290k€288k▼
Financial debts170/4€290k€288k▼
Amounts payable within one year42/48€118k€151k▲
Current portion of amounts payable after more than one year42€24k€33k▲
Financial debts43-€10k
Credit institutions430/8-€10k
Trade debts44€45k€76k▲
Suppliers440/4€45k€76k▲
Advances received on contracts in progress46-€175
Taxes, remuneration and social security45€7k€290▼
Taxes450/3€290€290=
Remuneration and social security454/9€7k-
Other amounts payable47/48€42k€32k▼
Accrued charges and deferred income492/3€18k€20k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€46k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€36k€70k▲
Operating profit (loss)9901€8k€22k▲
Financial income75/76B€12€206▲
Recurring financial income75€12€206▲
Financial charges65/66B€15k€20k▲
Recurring financial charges65€8k€20k▲
Non-recurring financial charges66B€7k-
Profit (loss) for the period before taxes9903€-7k€2k▲
Profit (loss) for the period9904€-7k€2k▲
Profit (loss) for the period to be appropriated9905€-7k€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€45k€47k▲
Profit (loss) brought forward from the previous period14P€52k€45k▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
14-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €-7k ▼145%
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
30-09
Financial
Liquidity triplescurrent ratio 3.16
Current ratio from 1.24 to 3.16.
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Highest result since 2019net €17k ▲33.9%
Operating result €24k, net result €17k, both a record.
17-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Oostkamp · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rapaertstraat 178020 OostkampGround area
746 m²
Building footprint
177 m²
Volume, LiDAR
829 m³
Parcel 31009D0802/00H002, Flanders · tallest building 10.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Rapaertstraat 17, 8020 Oostkamp
since 20182.284.339.211
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31009D0802/00H002 | Flanders | 746 m² | 1 · 177 m² | 10.2 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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DEVOS KRIS
BE 0890.040.326
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OXALIS BOUW
BE 0841.011.081
Gent · Eq €65,568
Of 8,455 companies in sector 43120 we hold annual accounts for 3,233. 2,582 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-12-2018
Fiscal year end30-09
Activities, NACEBEL 2025
43120Site preparation
43350Other building finishing work
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.